DeFiance Capital founder: AAVE is close to the cycle high, which may be driven by institutional funds
Arthur Cheong, the founder and CEO of DeFiance Capital, posted on X stating: "Despite the overall market weakness, AAVE's price is close to its cycle high. This may be institutional funds buying in order to claim holdings of Aave in their year-end reports, as it is one of the best-performing DeFi assets and an important representative of the future of finance."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
CandyBomb x MCAT: Trade to share 60,000 USDT
8 years of companionship, the story continues.
Trend-following bot upgrade: Custom parameter settings now supported
Crypto prices
More
